How a Muslim Should Do Business

    Being Muslims and living is a Muslim majority society (though not completely Islamic in many aspects) we are more responsible than others when it comes to honesty and justice and truthfulness. Since the western system has failed to maintain the truthfulness and quality of business where, society can benefit, now they realize that there needs to be business ethics and “corporate social responsibility” if they want their business to grow. The business solely depends on the society, if people will not take any interest into a business, it will collapse, and therefore the first thing to run a business successfully is to run it truthfully.


    ALLAH (swt) says in Holy Quran: 23: 7

    “But those whose desires exceed those limits are transgressors”

    Therefore, to exceed the limits and to ask for more than what is the right share means nothing but to invite anger of ALLAH. History has seen that no matter how successfully the buggers planned but in the end, they ended up with nothing but humiliation. The case of ENRON is the biggest example.

    But those, who observe their limits, and do not ask for more than their due share, for them ALLAH says:
    Holy Quran: 23: 8-11

    “Those who faithfully observe their Trusts and their covenants; And who (strictly) guard their prayers. Those will be the heirs. Who will inherit Paradise: they will dwell therein (forever). “

    The above verses indicate that those who do their jobs with truthfulness and those who do not break trusts, they will be the dwellers of paradise. This means that ALLAH swt likes such people.

    In another place, ALLAH swt says
    Holy Quran: 33:72

    “Truly, We did offer Al¬Amânah (the trust or moral responsibility or honesty and all the duties which Allâh has ordained) to the heavens and the earth, and the mountains, but they declined to bear it and were afraid of it (i.e. afraid of Allâh's Torment). But man bore it. Verily, he was unjust (to himself) and ignorant (of its results).”

    The verse quoted above indicates that among those duties which ALLAH swt has assigned to man, were first offered to the heavens and earth but they refused to take them because these duties need strong personality and moral uprightness and firm believe in ALLAH swt to bear such great responsibilities. Truthfulness, honesty and moral responsibilities are among those duties assigned by ALLAH.

    ALLAH swt has told us to do business but keeping ourselves in the prescribed limits of ALLAH and HIS Messenger s.a.w.w. In surah al-baqarah verse number 282, ALLAH swt told us clearly that whenever undergoing and business or debt deal, we must sign contract and make everything transparent. Similarly, in sahih bukhair chapter 35 Messenger of ALLAH s.a.w.w has told us how to do business and trade.
    Muhammad s.a.w.w. said:

    “if he does  not strive  diligently to promote their welfare, he will not enter Paradise with them.” (Bukhari)
    ALLAH swt says in Holy Quran: 8: 27

    “O you who believe! Betray not Allâh and His Messenger, nor betray knowingly your Amânât (things entrusted to you, and all the duties which Allâh has ordained for you).”

    To sum up, below is given a self explanatory saying of MUAHMMAD s.a.w.w on HIS last sermon. (Reference: See Al-Bukhari, Hadith 1623, 1626, 6361) Sahih of Imam Muslim also refers to this sermon in Hadith number 98. Imam al-Tirmidhi has mentioned this sermon in Hadith nos. 1628, 2046, 2085. Imam Ahmed bin Hanbal has given us the longest and perhaps the most complete version of this sermon in his Masnud, Hadith no. 19774.)

    O People, just as you regard this month, this day, this city as Sacred, so regard the life and property of every Muslim as a sacred trust. Return the goods entrusted to you to their rightful owners. Hurt no one so that no one may hurt you. Remember that you will indeed meet your LORD, and that HE will indeed reckon your deeds. ALLAH has forbidden you to take usury (interest), therefore all interest obligation shall henceforth be waived. Your capital, however, is yours to keep. You will neither inflict nor suffer any inequity. Allah has Judged that there shall be no interest and that all the interest due to Abbas ibn ‘Abd’al Muttalib (Prophet’s uncle) shall henceforth be waived…

    Beware of Satan, for the safety of your religion. He has lost all hope that he will ever be able to lead you astray in big things, so beware of following him in small things.

    Islam teaches us to be just, dutiful, truthful and honest. How ALLAH’s Messenger s.a.w.w has spent His life is a best example for us. All we need to do is to be good Muslims and we will never need any CSR or business ethics as a part of our code because they are already part of our FAITH and a true Muslim’s faith is in his conscience and in his soul.

Post Title

How a Muslim Should Do Business


Post URL

https://aticomorcilla.blogspot.com/2011/07/how-muslim-should-do-business.html


Visit Aticomorcilla for Daily Updated Wedding Dresses Collection

Popular Posts

My Blog List

Blog Archive